Western Region Gold (SH:601069) 中国基金报·2025-10-15 12:28Core Viewpoint - The major shareholder and director of Western Gold, Yang Shengrong, plans to reduce his stake by up to 2% due to personal financial needs, which may impact investor sentiment and stock performance [2][4]. Shareholder Reduction - On October 15, Western Gold announced that Yang Shengrong intends to reduce his holdings by a total of up to 18.22 million shares, which represents a maximum of 2% of the company's total shares, through both centralized bidding and block trading from November 7, 2025, to February 6, 2026 [4][5]. - As of the announcement date, Yang Shengrong holds approximately 107.1 million shares, accounting for 11.76% of the total share capital [5][6]. Company Performance - Western Gold reported a significant increase in revenue and net profit for the first half of the year, with revenue reaching 5.03 billion yuan, a year-on-year increase of 69.01%, and a net profit attributable to shareholders of 154 million yuan, up 131.94% [9]. - The company has been benefiting from rising gold prices and strong performance in resource exploration and integration, particularly following the acquisition of Xinjiang Meisheng, which is expected to enhance profitability [9]. Stock Performance - The stock price of Western Gold has surged nearly 200% year-to-date, reflecting strong market interest and performance in the gold sector [9][11].